Casey, Coles County, Illinois Property Taxes
Property Taxes in Casey, Illinois
Median Casey, Illinois effective property tax rate: 2.08%, significantly higher than the national median of 1.02%, and lower than the Illinois state median of 2.33%.
Median Casey, Illinois home value: $87,066
Median annual Casey, Illinois tax bill: $1,673, $727 lower than the national median property tax bill of $2,400.
How are property taxes in Coles calculated?
Property taxes in Casey, Illinois are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Casey's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Casey, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Casey, Coles County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.08%
Estimate Property Tax Bill
$1,811
$1,681
How Does the Casey Property Tax Calculator Work?
Use this Casey property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Casey's median effective tax rate of 2.08% — based on actual property records in Coles County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment office uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Casey's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Casey: rates are the same across ZIP code 62420, primarily due to local assessment patterns and taxing districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Casey.
About Casey Property Taxes
About Property Taxes in Casey, Coles, Illinois
Casey’s median effective property tax rate of 2.08% is lower than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Coles County base levy combined with local school district levies and special service areas that can vary by subdivision throughout the city.
Property tax rates are not uniform across Casey. Homeowners in the 62420 ZIP code carry a median effective rate of 2.08%, while those in the same ZIP also pay 2.08%. This reflects how school district boundaries and local assessment districts are drawn across Coles County. Understanding where you live in Casey can still help you better estimate your annual tax bill.
Casey homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the June 1, 2026 deadline each year.
If your estimated bill seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Casey, Coles County, Illinois
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Casey's effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Casey Tax Rate
2.08%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Coles County Tax Rate
2.02%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Casey, Coles County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62420 | 1.71% | 2.02% | 2.08% | 2.15% | 2.15% |
Source: Ownwell
Property Tax Assessment Values Across Casey, Coles County, Illinois
When examining property taxes in Casey, Illinois, understanding the distinction between market value and assessed value is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Coles County appraisal district estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices are sent in the spring each year and typically reach your mailbox by the middle of the month. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill.
For example, the median home price in Casey is $87,066, with a median property tax bill of $1,673. Tax bills range across the county, and 62420 has both the highest median home price and the highest median tax bill at $87,066 and $1,673.
Property Tax Assessment Values Across Casey, Coles County, Illinois
Source: Ownwell
$68,403
$136,527
$204,651
Median Casey Market Value
$87,066
Median Coles County Market Value
$97,527
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Casey, Coles County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62420 | $16,858 | $34,808 | $87,066 | $122,564 | $205,591 |
Source: Ownwell
Property Tax Bills Across Casey, Coles County, Illinois
Property tax bills in Casey are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. Local taxing authorities use that assessed value to determine how much each homeowner owes, so changes in market conditions can affect the final bill.
For homeowners in Casey, property taxes are a major part of housing costs because the bill reflects both the value of the home and the tax rates set by local governments. With a median home price of $87,066, the typical tax burden can vary widely depending on the property and its location within Coles County. The 25th percentile tax bill is $748, while the 75th percentile is $2,483 and the 90th percentile reaches $3,867.
The median tax bill in the area is $1,673, which is below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%.
Median Casey Tax Bill
$1,673
Median Coles County Tax Bill
$1,798
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Casey, Coles County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62420 | $360 | $748 | $1,673 | $2,483 | $3,867 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Coles Tax Assessor | |
| Website | colesil.devnetwedge.com |